Arsenal Takeover Imminent?

It is being widely reported that billionaire Allisher Usmanov is attempting to buy out Arsenal majority shareholder Stan Kroenke. The price of the proposition is a mind blowing €1.3bn. Although he is expected to reject the offer, I’m sure we haven’t heard the end of this massive story.

What do Arsenal fans think of this?

It is understood Stan Kroenke has yet to formally respond to the offer, but it is expected he will reject it. Sky Sports

Alisher Usmanov has made a $1.3bn (£1bn) bid for near total control of Arsenal. The Russian billionaire, who holds a 30% stake in the club, indicated to Stan Kroenke, the majority shareholder, that he was willing to pay the sum to buy him out. The approach, made last month, values Arsenal at $2bn. Guardian